Home / Knowledge / News / Textiles / Turbulence rocks textile sector

Turbulence rocks textile sector

13
Aug '09
The Pakistan textile and apparel sector is traveling through turbulent times, what with global orders in hand for the coming Christmas season falling by as much as 30-40 percent, as buyers fear delay in dispatch of their orders.

The buyers are skeptical on account of the turbulence in Pakistan which has been hit by terrorist attacks and political uncertainty and add to that is persistent shortage of electricity and gas, all of which are hampering production activities.

The effect has been crippling on the small powerloom units which have closed down in hundreds, since power cuts extend to between 14-18 hours per day making it unviable to run the factories efficiently.

This has led to job losses in hundreds of thousands as small units which cannot afford to set up electric generating sets, have no other option but to close down their units rather than face operating losses on a daily basis.

The slowdown in the global markets has also affected exports from the sector, which contributes nearly 50 percent to the basket of exports from the country. Shipments from the industry have fallen by nearly 10 percent in the previous fiscal.

Fibre2fashion News Desk - India


Must ReadView All

Pic: Albert Karimov | Dreamstime.com

Apparel/Garments | On 2nd Dec 2021

Germany offers financial support to garment workers in Laos

Nearly 21,000 Lao garment workers affected by the COVID-19 pandemic...

Pic: Shutterstock

Apparel/Garments | On 2nd Dec 2021

Bangladesh's textile industry seeks investment in non-cotton sector

Representatives of Bangladesh’s textile and garment sector recently...

Rajive Ranjan (left), Managing Director, Techno Design GmbH and Technocian Fashions, with Oliver Hein, COO, s.Oliver Group. Pic: PDS Multinational Fashions Limited

Apparel/Garments | On 2nd Dec 2021

PDSMFL (BSE:538730) to source for s.Oliver from India, Sri Lanka

India-based PDS Multinational Fashions Limited (listed on Bombay...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Consistency is the first rule of social media

Textile Industry, Head honchos

Textile Industry
Head honchos

Trainers faced immense challenges as most were not tech-savvy

Textile Industry, Head honchos

Textile Industry
Head honchos

Extension of RoSCTL to boost textile exports

Shivaani Jain,

Shivaani Jain

Established in 2015, Once Upon A Trunk is a one-stop-shop with almost...

Kurt Wedgwood,

Kurt Wedgwood

From design to raw material to fabrication and ultimately to delivery -...

Bharat Ahuja,

Bharat Ahuja

A mono store brand, <b>Bharat Ahuja's</b> Desire Design Studio has emerged ...

Dr. Sean Blamires, Evolution and Ecology Research Centre

Dr. Sean Blamires
Evolution and Ecology Research Centre

Using spider silk for clothing may not seem to be an attractive...

 Natacha Defeche, Edana

Natacha Defeche
Edana

Since 1971, EDANA, the International association serving the nonwovens and ...

Ingo Soller, TWE Group

Ingo Soller
TWE Group

The TWE Group is one of the leading global players in the nonwovens...

Ramya Rao & Kavea R Chavali, Kalaneca

Ramya Rao & Kavea R Chavali
Kalaneca

<div>The journey of Kalaneca (kala-Art, Neca- Nikaah) formally began in...

Anju Modi, Label Anju Modi

Anju Modi
Label Anju Modi

Filmfare Award winner for best costume designer,<b> Anju Modi </b>is...

Vidur Adlakha & Riccardo Bennidini, La Fuori

Vidur Adlakha & Riccardo Bennidini
La Fuori

With an active presence in US, Italy and India, clothing brand La Fuori...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


December 2021

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Advanced Search